MALVERN, PA-The REIT that specializes in biotech properties pays $123 per sf for a 76,389-sf building, its second in Great Valley Corporate Center. It will custom-fit lab space for tenants as leases expire.

NEW YORK CITY-While Barney's led success of the apparel supplier's retail components in 3Q, overall revenues and profits dropped.

YORK, PA-The chain will pay Belk $22 million for four units in three states plus rights to build a fifth.

WHITEHALL, PA-The Simon/PREIT JV begins a 110,000-sf lifestyle addition and renovation of the one-million-plus-sf Lehigh Valley Mall, adding 20 new tenants, including a 30,000-sf Barnes & Noble.

SALEM, NH-The 170,270-sf shopping center is anchored by Best Buy and fully leased long-term to six tenants. The $39.7-million price includes the assumption of about $20 million in debt.

PHILADELPHIA-The developer anticipates a $65-million sellout of Hilltop at Falls Ridge. The 12.6-acre residential complex contains four-story and stacked two-story market-rate townhouses in the East Falls neighborhood.

MALVERN, PA-Despite signs of a slowing economy, Bill Hankowsky, Liberty's CEO, sees "a measured, but real upward trend" for office and industrial real estate over the next five quarters.

MINNEAPOLIS-The chain projects an annual 18% growth in units and 20% increase in revenue.